Credit Scores are Meaningless
Why is it that every time I go into a retail store they are trying to push some overprices scam credit card offer up on me. I mean like WTF? This time I give a polite answer no and this ladies response is amazing. She’s working at Old Navy and trying to tell me how to run my finances….well excuse me please take a flying leap
Duration : 0:3:5
March, 15th 2010 at 10:20 pm
buy a house without …
buy a house without a credit score? some places you cant even get utilities.
March, 15th 2010 at 10:20 pm
George, get the …
George, get the out of Cal. now ! You are going crazy……
March, 15th 2010 at 10:20 pm
Old Navy is nasty!! …
Old Navy is nasty!!! The whole place smells like a shipping container and nearly everthing is made in China. A thrift store has better quality items for a far better price.
March, 15th 2010 at 10:20 pm
George, I’m really …
George, I’m really appreciating your videos – just found your channel a few days ago.
Don’t be too hard on the Old Navy employee as I used to work in retail and the management really pushes employees to push the card – they even have quotas and they may even fire you if you don’t keep your numbers up. I wouldn’t do it and quit after I got sick of the pressure. These days, I imagine anyone with a job is just happy to try and make their overlords happy.
March, 15th 2010 at 10:20 pm
Are you a …
Are you a moron George? A credit score is a good thing and it measures the likely hood of a person paying back money owed in a timely fashion. A credit score is a risk measurement tool for lenders be it for someone who wants to buy a house, a car or other items for purchase. Now should you use credit cards to live above your means, that’s another discussion.
March, 15th 2010 at 10:20 pm
You are you, and …
You are you, and I’m George, and I forgot what I wanted to say…
March, 15th 2010 at 10:20 pm
I received …
I received financial advice in 1980 from a young guy with a nice car.
Later it turned out that the car was not his it was his mother inlaws.
He didn’t have a dime and his advice cost me 2,000. bucks.I was young at the time.
March, 15th 2010 at 10:20 pm
you should practice …
you should practice The Compact. stop spending money in these ridiculous shops.
March, 15th 2010 at 10:20 pm
Once you get a good …
Once you get a good credit score, isn’t the
idea to get bigger loans to default on ?
March, 15th 2010 at 10:20 pm
There is no law, …
There is no law, this is just how we have let our society become. I didn’t say I agree with it, but just to say that a credit score is meaningless is irresponsible.
March, 15th 2010 at 10:20 pm
Credit scores let …
Credit scores let you know how good of a working slave you are.
Cash is King!
March, 15th 2010 at 10:20 pm
Ditto to you.
Ditto to you.
March, 15th 2010 at 10:20 pm
Show me such a law. …
Show me such a law. That is just the mass hypnosis kicking into people brains that tell them to tell this to everyone.
We all need to end this crap and the people who ask for such credit will be force to longer ask for it because their inventory would burst.
March, 15th 2010 at 10:20 pm
I agree. Also, may …
I agree. Also, may I be that charity? Seriouly, this societies is slated for credit. She will fall trap sooner or later. The world makes credit as right as rain.
March, 15th 2010 at 10:20 pm
To with credit …
To with credit and fair issiac. Fair my ass.
March, 15th 2010 at 10:20 pm
good vid George! …
good vid George! when are people gonna learn, you cant count on credit, cause you cant count on the economy to provide them jobs with security to pay those loans back. HOW MANY PEOPLE DO YOU KNOW THAT HAVE BEEN AT THEIR JOB FOR 30 YEARS, TO PAY FOR THAT 30 YEAR MORTGAGE???
I told my daughter if she ever messes with credit I would rewrite my will, and give my life savings to a worthy charity!
March, 15th 2010 at 10:20 pm
You do need to have …
You do need to have a credit score that will enable you to buy a home, rent an apartment, buy a new car.
If you want to live only on cash, that’s fine, but for a majority of people, that will never happen.
March, 15th 2010 at 10:20 pm
kind of funny on …
kind of funny on your video, credit score commercial listed GET 720 CREDIT SCORE
im going to apply???
March, 15th 2010 at 10:20 pm
It used to be that …
It used to be that having credit card accounts open but unused greatly increased you score. They fixed that, but being a transactor still artificially inflates your credit score more than any other factor.
No late payments, keep the balances low (paying off the cards twice a month helps assure this). If you have multiple cards, make sure your primary card is very dominant – significant balances on multiple cards immediately reduce your score as do balance spikes, until paid off.
March, 15th 2010 at 10:20 pm
This guy has no …
This guy has no clue in what he’s talking about. But, neither does the old navy girl from what he said. I love it when 2 misinformed people argue, OH THE JOY!
March, 15th 2010 at 10:20 pm
Nice to say. Nice …
Nice to say. Nice to hear, & i agree however, like it or not these days people ARE judged by their credit score instead of the content of their character. Isn’t it just wonderful.?! So they win? Which do we thank first?!?
March, 15th 2010 at 10:20 pm
@peilthetraveler ” …
@peilthetraveler “Try to find an apartment here with bad credit. Its impossible. Easier to buy a house, than get an apartment with bad credit. ”
No wonder we have a housing bubble….
March, 15th 2010 at 10:20 pm
George, I don’t …
George, I don’t fully agree with you.
Let me quote you, you said, “if you are working 2 jobs to pay off your credit card bill, you are a freaking idiot”.
My take on this, “If you are working 2 jobs to pay off your credit card bill, then STOP spending, you MORON”
You should have said that.
March, 15th 2010 at 10:20 pm
Man, this guy makes …
Man, this guy makes sense!
March, 15th 2010 at 10:20 pm
I used to be really …
I used to be really proud of my great credit score.
Then I “woke up” and now all I am interested in with regards to credit cards is getting completely out of debt.